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Author Topic: [ANN] [POW] [MSR] Masari - private, untraceable, and fungible cryptocurrency  (Read 30410 times)
thaer
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September 07, 2017, 05:57:03 PM
 #1

V4 PROTOCOL UPGRADE (v0.1.4.0) SUCCESSFUL
Release notes: https://github.com/masari-project/masari/releases/tag/v0.1.4.0
Linux - https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-linux-x64-v0.1.4.0.tar.gz
Windows -  https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-win-x64-v0.1.4.0.zip
Mac - https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-mac-x64-v0.1.4.0.tar.gz

GUI Mac - https://github.com/masari-project/masari-wallet-gui/releases/download/v0.1.4.0/masari-gui-mac-x64-v0.1.4.0.tar.gz
GUI Windows - https://github.com/masari-project/masari-wallet-gui/releases/download/v0.1.4.0/masari-gui-win-x64-v0.1.4.0.zip

If you were affected by the sync bug that was fixed in v0.1.3.1, please delete the current lmdb data in ~/.masari or C:\ProgramData\masari and resynchronize - everything should work normally.


Masari (MSR) is a scalability-focused and privacy-ensured cryptocurrency based on Monero.

This project's main initiative is contribution to blockchain scalability and mass adoption, which is the elephant in the room for blockchains. Aside from Aeon, Monero lacks forked projects that contribute to its source code, and Masari hopes to be second in that list. The Masari project will track any merge-able commits from Monero.

Masari's first initiative will be to create a light easy-to-use mobile wallet (preceded by a GUI wallet), a necessary requirement for day-to-day use and mass adoption for the non tech-savvy majority, which means abstracting away private keys into a simple interface that feels like a banking app (albeit still accessible to the user as part of "advanced" options). Further initiatives are in the roadmap and will be published in detail once this first milestone is reached.

Specifications
Most specifications are equivalent to Monero's:
* PoW algorithm: CryptoNight
* Max supply: ~18.5 million (with tail emission)
* Block reward: Smoothly varying recurrence relation starting at around 35 MSR per block, block_reward(block_height) = (2^64 - 1 - total_supply(block_height - 1)) * 2 ^ -19 * 10 ^ -12
* Block time: 120 seconds
* Difficulty: Re-targets at every block
* Genesis block:  Saturday, 2 September 2017 21:20:46 UTC

Exchanges
https://www.southxchange.com/Market/Book/MSR/BTC (listed on Sep 30)
https://stocks.exchange/trade/MSR/BTC (listed Nov 6, withdrawals not working since beginning of December 2017 - not recommended for use until further notice)

Funding
* No crowd funding has been done, and won't be for the foreseeable future unless deemed absolutely necessary.
* Everything so far (infrastructure costs, exchange listing fees, etc.) has been paid out of personal funds.
* While there is no pre-mine, there is a 4-5 day gap between the genesis block and this announcement on Bitcointalk (~4k blocks) that has gotten me around 100k MSR which is roughly ~0.5% of the total supply (excluding tail emission). The network was publicly available from the genesis block, and other miners were present pre-announcement.
* This approximated amount above has been transferred to the donation wallet (tx 8e6802d4557ec2fcfd64a68a92c7ee4390e90a49423700e8725ccadc3fbfd8cf, viewkey available below) and this wallet will be used transparently to help with the project's budget (i.e. developer bounties).
* Work for hire is available to be paid for in MSR or BTC (the landing page is an example, paid for with 1k MSR, and a mini marketing campaign paid for with 400 MSR).

Games
Masari Dice - https://www.southxchange.com/Market/Book/MSR/BTC

Research
https://lab.getmonero.org/pubs/MRL-0005.pdf - Ring Confidential Transactions (transactions use RCT by default in Masari)
https://cryptonote.org/whitepaper.pdf - CryptoNote v2.
One of the longer term goals for Masari will require a whitepaper that is yet to be drafted.

Discussion Forums
Slack: invitation disabled, please use Discord
Open invitation link for Discord: https://discord.gg/sMCwMqs
Telegram: https://t.me/masaricurrency
Telegram Announcements channel (deprecated): https://t.me/msrann

Pools
http://www.masaripool.com
https://masari.superpools.net
http://msr.ms-pool.net.ua
http://msr.cari.co/
https://msr.dark-mine.su/
www.klondikepool.com
http://labbinarymining.com/
http://sebseb7.github.io/msr/

Community Projects
Web-based pool miner: http://msr.cpufan.club
Web-based wallet (still in early development): https://masari.network/

Update 2017-09-13:
This coin has some versioning changes that will lead original cryptonote pools to not work unless you use the patched cryptonote-util package.
To set up a pool using node-cryptonote-pool, change your cryptonote-util path in package.json to use the Masari patched version:  
Code:
"cryptonote-util": "git://github.com/masari-project/node-cryptonote-util#msr"
You'll need to set it up such that it pays the miners in the pool either automatically, or manually, both requiring masari-wallet-rpc configured, and ensure your config has a mixin of 12.

Block Explorer
https://www.msrchain.net/

Release Notes
* The fork is based off Monero's latest v0.11.0.0 versioned code, which is set to be the hard fork version for September 2017.
This release cleans up and refactors all legacy Cryptonote implementations that are superseded by Monero's RingCT (for example: splitting amounts and dust outputs related code is removed), therefore Masari only uses RCT transactions.
* All core tests have been re-written to support RingCT code coverage.
* RCT outputs are randomized (sorted by amount in original Monero implementation), as well as tx fee sources.
* The default mixin is set to 12, and in contrast to Monero is static and cannot be changed. This is something that the end user does not need to worry about, is relatively inexpensive in storage and computational costs, and a homogeneous mixin increases anonymity of transactions.
* Fluffy blocks are on by default. This has been in Monero's testnet for quite some time, is mature, and is now optional in the latest release.

Sources
Source - https://github.com/masari-project/masari

Binaries
Linux - https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-linux-x64-v0.1.4.0.tar.gz
sha256sum 3df5ba58da2d245d6c8a759451144b51dd69ee0f04311bf581180708429f1444

Windows: https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-win-x64-v0.1.4.0.zip
sha256sum: 7f845d12fcd2497924fe7ef84e2c5de9e09788433fbc362a56edf6da7c7c0e02

MacOS: https://github.com/masari-project/masari/releases/download/v0.1.4.0/masari-mac-x64-v0.1.4.0.tar.gz
sha256sum: 1542f2fe61379f6ce146e67c090365b44dc35dfecc07b45af644175886461775


GUI Wallet
This is a port made available for use while we develop our web wallet.

Windows: https://github.com/masari-project/masari-wallet-gui/releases/download/v0.1.4.0/masari-gui-win-x64-v0.1.4.0.zip
sha256sum: 65143526ee11209d2d30d58225e0aebc0bc59126a5c2c99304e0a7b903439e7a

MacOS: https://github.com/masari-project/masari-wallet-gui/releases/download/v0.1.4.0/masari-gui-mac-x64-v0.1.4.0.tar.gz
sha256sum: 079f71f507e1f62a525680188801f3d92ec090e37589e7cff0f1862a859556d9

Screenshot:



Funding
If you'd like to show your support, please donate:

Masari: 5nYWvcvNThsLaMmrsfpRLBRou1RuGtLabUwYH7v6b88bem2J4aUwsoF33FbJuqMDgQjpDRTSpLCZu3d XpqXicE2uSWS4LUP (viewkey: 99e21e00cce073c126e9aed800c9e2e82518534b3924b035a29436ff4f75bc0c)
Monero: 4A57eA3so6bEE8FUcaN1KtMXD3sxjjbvcKD3MF1pUgRi5PNHTpB7sYN2DmJv3EXxtZCWeG88tsVLzdf ZJcmUFm52SbrfJWr (viewkey: c7a7c141581ac4436ba8bfb81dd67234720c565c696ef154a25c7e7314ce4b08)
Bitcoin: 1J1he4qtTuNpCxyEBozkeKfDpoeYxfE3rj


This announcement page is still under development.

Please feel free to download and start mining some Masari!

Best regards,
Thaer

getmasari.org

Russian translation - https://bitcointalk.org/index.php?topic=2266147.0
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September 07, 2017, 05:58:49 PM
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Is it being traded on any exchanges?

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September 07, 2017, 06:00:22 PM
 #3

Pre-mine,coins per block???

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September 07, 2017, 06:14:17 PM
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I'll be waiting for whitepaper for this! Looks solid.
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September 07, 2017, 06:19:06 PM
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Are you planning to update the fork to the latest Monero updates as they become available?

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September 07, 2017, 06:25:48 PM
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another scam. oh well.

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
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September 07, 2017, 06:28:04 PM
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1) You said "no pre-mine" but yet I launched the daemon 20 mins ago and already saw 4000+ blocks taken.

2) Your logo is literally just the monero logo re-colored.

If you are a serious coin, please explain.  Someone mined a lot before launch.

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September 07, 2017, 06:30:45 PM
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The info at monerolink isn't even relevant. It hasn't applied for some time. Details: https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html

TLDR: the monerolink doc was written in part by a paid member of the Zcash team, Andrew Miller, and they wrote it knowing full well that their critique only applies to older versions of Monero.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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September 07, 2017, 06:32:39 PM
 #9

1) You said "no pre-mine" but yet I launched the daemon 20 mins ago and already saw 4000+ blocks taken.

2) Your logo is literally just the monero logo re-colored.

If you are a serious coin, please explain.  Someone mined a lot before launch.

He started mining on linux(no windows version yet) and gave no announcement before he started. Scamcoin.

"We are just fools. We insanely believe that we can replace one politician with another and something will really change. The ONLY possible way to achieve change is to change the very system of how government functions. Until we are prepared to do that, suck it up for your future belongs to the madness and corruption of politicians."
Martin Armstrong
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September 07, 2017, 06:43:05 PM
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They are a quite authentic option for reliable transfers in cryptocurrency world.Thankfully its plunge will be a salutary caution to most folks.

  ▀    ▀  C  ▀    ▀ 
thaer
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September 07, 2017, 06:48:56 PM
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The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block.
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer
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September 07, 2017, 06:52:05 PM
 #12

First block mined GMT: Saturday, 2 September 2017 г., 21:20:46
how much premine?
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September 07, 2017, 07:01:08 PM
 #13

The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block.
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer

So you mined 4000 blocks without announcing it (you can't call it "public" just because you posted something to your GitHub, no one was looking there except you) but you want to insist this isn't a pre-mine because it wasn't in the genesis block?  Why do you think we care whether the coins were pre-mined from the genesis block vs. pre-mined by ninja mining for 3 days?

I'd love for you to convince me this isn't a  scamcoin, but how do you expect anyone to believe you when you make such a bad argument?  It would almost be better for you to admit you pre-mined 4000 blocks as a pre-mine, but note that if there is 1 block pet minute, then a 3-day pre-mine will be less than 1% within a year.

edit: just saw it's a 2-minute blocktime, so the number would be 2% in a year, but then less than 1% in two years and even smaller after that.  This is quite small compared to most pre-mines, and if you commit to use it for bounties and development, this could be quite successful.  But when you insist there's no pre-mine, you sound like a scammer.

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September 07, 2017, 07:09:46 PM
 #14

The network has started this Saturday, with the source public since then, and only the infrastructure setup being the main bottleneck to announce on here - it is by no means a pre-announcement, as it was never planned to be a released coin.
For example, Litecoin had a few days difference between an announcement on here, and the genesis block.
I understand the fear of scamcoins, and I would agree if it was the case, though there are no pre-mines in the genesis block compared to something like Sumokoin with 10% of the coins and had deliberately with-held the network from the public for almost a month.

Please feel free to ask any other questions you have.

Best,
Thaer

So you mined 4000 blocks without announcing it (you can't call it "public" just because you posted something to your GitHub, no one was looking there except you) but you want to insist this isn't a pre-mine because it wasn't in the genesis block?  Why do you think we care whether the coins were pre-mined from the genesis block vs. pre-mined by ninja mining for 3 days?

I'd love for you to convince me this isn't a  scamcoin, but how do you expect anyone to believe you when you make such a bad argument?  It would almost be better for you to admit you pre-mined 4000 blocks as a pre-mine, but note that if there is 1 block pet minute, then a 3-day pre-mine will be less than 1% within a year.

Hi there,
You are correct on the concern for post-genesis block, and I have already edited my announcement post accordingly. In the worst-case scenario I would have 0.5% of the coins. As an argument, I'll re-iterate that this is not a pre-announcement, was announced when I had the seed nodes and the corresponding website ready, and as a comparison I've stated your argument would then claim that Litecoin is also a scamcoin because it was not pre-announced on Bitcointalk.

Let me know if this clarification is satisfactory.
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September 07, 2017, 07:12:36 PM
 #15

Quote
There are no pre-mines
Just put down the correct premine amount here  plz.

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September 07, 2017, 07:21:55 PM
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What I'd like to know is if you knew about https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html before I made that post above.

If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.

If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?

There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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September 07, 2017, 07:37:35 PM
 #17

Is it traded anywhere?

BTC: 1Feqs22qa8hAUC13YJh9z3bBe4FSYsa5nn                    ZEC: t1eYeHJKV6Ku9VzadpS8p1LDBeYXqQtRjvw
ETH: 0x00BEa51b34482d76fC91BA6865Ab92A4A438Cf90       ETC: 0x565EC4035645C4d9AEa5AB58fdF25E0Ea43e0b86
thaer
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September 07, 2017, 07:39:59 PM
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What I'd like to know is if you knew about https://getmonero.org/2017/04/19/an-unofficial-response-to-an-empirical-analysis-of-linkability.html before I made that post above.

If you say you didn't, I'd find that very difficult to believe since you say "Masari started off as a pet project to understand Monero's inner workings, but has turned into its own blockchain project." If you were working on it that deeply, you would have followed Monero activities closely since it, like most cryptos, has frequent code updates. That news would have been almost impossible to miss. It was all over here, redditt, coindesk...pretty much everywhere. It was big news for weeks and people still drag it up.

If you say you did know about it, then you'd know those issues have been fixed for some time, so why the need to make another coin to fix a problem that hasn't existed for the better part of this year?

There are no good answers to that question. It makes the project look either completely uniformed or out to get a fast buck. So does the premine.


I have been interested in Monero back in June, then started playing with the code and whitepapers in July. I'd like to know if the belief difficulty is due to assumed knowledge? Please take a look at the code in its current form, you'll see that it has started late July, has been rebased to use Monero's 0.11.0.0 version, and the main bulk of the additions have been around RingCT and the core tests. This is an artifact of me wanting to see the RingCT's whitepaper in action, and is a big factor why I have re-written core_tests (an easy way to study the code). The spend distribution was peripheral part of the code that I did not delve deep into, and is complex enough that I wanted to postpone further research into it. I figured this problem would be remedied by the increase in ring size limit in the upcoming Monero fork, but did not come across that response by the Monero team. The spend distribution point is also not the sole reason for this fork, and really only boils down to interest in how Monero works.
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September 07, 2017, 08:22:20 PM
 #19

Smells very fishy to me Sad

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September 07, 2017, 09:49:14 PM
 #20

This project is already tanking..No premine and fair launch, except for the 4k blocks I just solo mined. LOLOL

This type of launch is a dime a dozen these days, projects without wallets, or fully thought through prior to launching. It's amazing that this is still happening..

So much potential and ruined based on devs actions so early on.
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